3 Firms Steer $35B Harris-L3 Technologies Tie-Up

Law360 (October 14, 2018, 2:40 PM EDT) -- Government contractors Harris Corp. and L3 Technologies Inc. on Sunday unveiled a roughly $35 billion merger of equals that stands to create the sixth-largest defense company in the U.S., in a deal guided by Sullivan & Cromwell LLP, Paul Weiss Rifkind Wharton & Garrison LLP and Simpson Thacher & Bartlett LLP.

Under the terms of the stock transaction, L3 shareholders are set to receive 1.30 shares of Harris common stock for each share of L3 common stock they own, putting the deal's value at about $35 billion, according to a statement. The newly merged entity, which will be called L3 Harris...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!